Here's an exceptional income-generating opportunity on 2.61 acres in the rapidly growing Green Cove Springs area. This unique property features three mobile homes and one single-family home, making it an ideal choice for investors seeking immediate cash flow or owner-occupants aiming to offset their mortgage through house hacking. You can occupy one unit while earning rental income from the other three. With potential market rents estimated at around $1,200 per unit per month, this property offers a promising gross rental income of up to $4,800 per month. The expansive parcel adds privacy and value, offering future potential that is increasingly hard to find in today's market. Whether you're looking to expand your investment portfolio, create long-term passive income, or secure a multi-stream income property, this opportunity is not to be missed. Buyers are encouraged to conduct thorough due diligence on zoning, improvements, rental income, and future use.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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